Petronas News

JX Nippon gears up for Malaysia drilling campaign

Jun 28, 2016

Japan's JX Nippon Oil & Gas Exploration (Malaysia) is gearing up to drill three wells offshore Malaysia after agreeing a contract for the rig for the campaign.  JX Nippon is to hire the semi-tender drilling rig SKD Berani from a SapuraKencana Petroleum subsidiary…

Petronas launches hull for PFLNG2

May 10, 2016

Malaysia’s Petronas has launched the hull for its second floating liquefied natural gas (LNG) facility, the Petronas Floating LNG2 (PFLNG2) at the Samsung Heavy Industries (SHI) shipyard in Geoje Island, South Korea. Late last month,…

Floating prospects

Jun 01, 2016

Laurentino Rangel, a consultant with Poten & Partners, provides an overview of current floating LNG projects around the globe. PFLNG SATU. Photo from Petronas. A floating LNG…

FEEDing recovery in Asia Pacific

Jun 01, 2016

The downturn is forcing operators to go back to the drawing board in order to advance projects. EIC Analyst Angeline Elias provides an overview of activity in Asia Pacific. Dockwise loading out the SHWE platform…

Malaysia gas find for Sapura

May 31, 2016

SapuraKencana Energy discovered gas in two of the three wells drilled in 2015 within the SK408 block contract area, offshore Malaysia in Sarawak. The first well Jerun-1 is approximately 5km north of the 2014 Bakong gas discovery. Based on analysis of electric log…

Petronas close to Suriname drilling

Apr 22, 2016

Malaysian state oil firm Petronas is due to start drilling offshore Suriname next month, the country's state oil firm says.  Staatsolie says Petronas, with partner DEA, a German company, has lined up the Rowan Company's Ralph Coffman…

Hess farms into Suriname

May 04, 2016

US-based explorer Kosmos Energy has agreed to farm-out a one third stake in its Block 42 contract area offshore Suriname to Hess. In return, Hess will fully fund the cost of a 6500sq km 3D seismic survey, expected to start in Q3 this year…

WFS appoints Australia, SE Asia project director

May 16, 2016

WFS Technology has appointed Mike Theobald as project director for Australia and Southeast Asia. Theobald brings his knowledge and understanding of subsea control systems, as well as an insight into how best to use Seatooth products and technology…

Petronas delays PFLNG 2 amid slump

Feb 29, 2016

Malaysia’s Petronas is pumping the breaks on its Petronas floating LNG 2 (PFLNG 2) project after the company suffered lower revenue and profit last year due to the low oil price environment. Image of the PFLNG 1…

GE, SapuraKencana JV signs PFLNG agreement

Mar 24, 2016

A joint venture between SapuraKencana Services and GE Power Systems, SapuraKencana GE Oil & Gas Services (SKGE) has been awarded a long term service agreement by Petroliam Nasional (PETRONAS) Floating LNG1 (PFLNG) to provide maintenance services for PETRONAS’ two forthcoming floating LNG vessels…

Petronas names FLNG1 - Satu

Mar 08, 2016

Petronas' first floating liquefied natural gas (FLNG) facility officially received its name, PFLNG Satu, at a ceremony held at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea. President and group CEO of Petronas…

First Sabah, Malaysia, multiclient shoot planned

Apr 01, 2016

A consortium comprising of three major seismic data companies  have won a tender for rights to carry out a seismic program offshore Malaysia.  The program, to be run by PGS, TGS and Schlumberger WesternGeco, will be the first time the waters…

Malaysia opens first seismic multi-client program

Apr 01, 2016

Petronas, through Malaysia Petroleum Management (MPM), has decided to open an area of Malaysian offshore waters to the multi-client model for the first time, according to PGS. A consortium comprising of PGS, TGS and Schlumberger WesternGeco…

Petronas to cut 1000 jobs

Mar 01, 2016

Malaysia’s Petronas is following through with its plans to reorganize its organization in an attempt to be more resilient to the low oil price environment, which will lead to the company to appoint new leadership, and cut nearly 1000 jobs…

Lundin hits gas offshore Malaysia

Mar 03, 2016

Sweden's Lundin Petroleum has discovered 'significant gas shows' in the Maligan exploration well in Block SB307/SB308, offshore East Malaysia. The Maligan well was drilled with the West Prospero jackup rig to a total depth of approximately 1380m…

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